The homeware and fashion retailer posted a statutory loss before tax of £14.3m in the 52 weeks to June 30, 2019 down from a profit of £0.1m.
Total like-for-like retail sales for the year were down 3.5%, while total group sales fell to £232.5m, down from £257.2m the previous year.
Chair Andrew Khoo said the primary cause for the profit drop was down to the retailer’s home furnishing arm, and a website “re-platforming exercise” at the end of 2018.
Already have an account? Sign in here